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Phoenix budget hearing previews transaction-privilege tax increase, spotlights funding for fire, homelessness, water
Summary
City officials held a public budget hearing in District 6 to gather input on the proposed FY2025–26 trial budget. The trial budget and a March 18 council vote to raise the transaction privilege tax (TPT) from 2.3% to 2.8% were discussed alongside proposed allocations for fire services, homelessness response, and water reclamation.
Phoenix officials held a public budget hearing in Council District 6 to gather resident input on the city’s proposed fiscal year 2025–26 trial budget and to explain key changes included in the city manager’s proposal. Mayor Kate Gallego and Assistant City Manager Inger Erickson opened the hearing, described the budget process, and invited public comment.
“The budget is arguably the most important vote we take each year, and the process is really important to make sure we are achieving our residents' goal,” Mayor Kate Gallego said. Assistant City Manager Inger Erickson said, “The feedback we received today is important to the city as we finalize the proposed budget.”
Why it matters: city officials and the video shown at the hearing said Phoenix faces potential structural deficits caused in part by recent state actions. To offset revenue losses the trial budget…
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